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November 14, 2024  
 
 
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California Bank SBA Loans

 

 
Loan Census SBA Loan Info

Comerica Bank SBA Loan to Furniture And Fixtures Company

Want a California business loan? Here's one California business loan that was approved by the SBA.

This small business needed an SBA business loan in Rancho Cucamonga, California back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Comerica Bank, operating out of San Jose, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FURNITURE AND FIXTURES
RANCHO CUCAMONGA, CA 91730

SBA Loan Lender

COMERICA BANK
333 W SANTA CLARA ST
SAN JOSE, CA 95113

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2599 - Furniture and Fixtures

Loan Approval Date

5/22/2000

Loan Approval Gross Amount

$126,000

Loan Approval from the SBA

Of the total $126,000 loan amount, the SBA guaranteed $94,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Rancho Cucamonga or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Microlending as a Small Business Funding Source

SBA 7A Banks in San Jose, California

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